Make in India- how to start business?
What
is Make in India?
Come
and make in India is an intiative by Government of India(Modi's Government) to
encourage investors to invest and manufacture in India.
Why
India ?
India is world largest
democracy and biggest market in respect of consumer goods with around 1.2
billion population.
Availability of all types of resources like
man, power, infrastructure, experts are easily available almost in all the
major parts of India. Not only this tax rebates and other industrial benefits
for SME, SEZ and EOU units encourage industries to start business here.
Some other Major Advantages like:-
- World biggest market and a democratic republic.
- India is a fastest growing economy in the world.
- Strong Judiciary System.
- Large pool of skilled manpower, strong knowledge
base with the significant English speaking population.
- India is a member of World Trade Organization.
- The urban population of India will double from the
2001 census figure of 290 m to approximately 590 m by 2030(Mckinsey).
- Many investment schemes and Import/ Export benefits.
- Progressive Tax structure.
- One man company and Limited Liability Partnership
options available here.
- Strong Banking infrastructure- availability many
scheduled nationalized and multi-national banks.
Sectors
in Which one can invest?
- Automobiles
- Automobiles
Companies
- Aviation
- Biotechnology
- Chemicals
- Construction
- Defencce
Manufacturing
- Electrical
Machinery
- Electronic
System
- Food
Processing
- IT and BPM
- Leather
- Media and
Entertainment
- Mining
- Oil and
Gas
- Pharmaceuticals
- Ports
- Railways
- Renewable
Energy
- Roads and
Highways
- Space
- Textiles
and Garments
- Thermal
Power
- Tourism
and Hospitality
- Wellness
·
Lottery
Business including Government /private lottery, online lotteries, etc.
·
Gambling
and Betting including casinos etc.
·
Chit
funds
·
Nidhi
company-(borrowing from members and lending to members only).
·
Trading
in Transferable Development Rights (TDRs)
·
Real
Estate Business (other than construction development) or Construction of Farm
Houses
·
Manufacturing
of Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco
substitutes
·
Activities
/ sectors not open to private sector investment e.g. Atomic Energy and Railway
Transport (other than construction, operation and maintenance of (i)
Suburban corridor projects through PPP, (ii) High speed train projects, (iii)
Dedicated freight lines, (iv) Rolling stock including train sets, and
locomotives/coaches manufacturing and maintenance facilities, (v) Railway
Electrification, (vi) Signaling systems, (vii) Freight terminals, (viii)
Passenger terminals, (ix) Infrastructure in industrial park pertaining to railway
line/sidings including electrified railway lines and connectivities to main
railway line and (x) Mass Rapid Transport Systems.)
·
Services
like legal, book keeping, accounting & auditing.
SECTORS WITH CAPS
·
Petroleum
Refining by PSU (49%).
·
Teleports
(setting up of up-linking HUBs/Teleports),Direct to Home (DTH), Cable Networks
(Multi-system operators (MSOs) operating at national, state or district level
and undertaking upgradation of networks towards digitalization and
addressability), Mobile TV and Headend-in-the-Sky Broadcasting Service (HITS) –
(74%).
·
Cable
Networks (49%).
·
Broadcasting
content services- FM Radio (26%), uplinking of news and current affairs TV
channels (26%).
·
Print
Media dealing with news and current affairs (26%).
·
Air
transport services- scheduled air transport (49%), non-scheduled air transport
(74%).
·
Ground
handling services – Civil Aviation (74%).
·
Satellites-
establishment and operation (74%).
·
Private
security agencies (49%).
·
Private
Sector Banking- Except branches or wholly owned subsidiaries (74%).
·
Public
Sector Banking (20%).
·
Commodity
exchanges (49%).
·
Credit
information companies (74%).
·
Infrastructure
companies in securities market (49%).
·
Insurance
and sub-activities (26%).
·
Power
exchanges (49%).
·
Defence
(49% above 49% to CCS).
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